In one word, automatically. Once the particulars of the various reinsurance treaties are entered into the system, it performs the rest of the calculations by class of business, risk and treaty.
Types of Reinsurance easily handled?
• Facultative • Quota Share • First Surplus • Second Surplus • Excess • Excess of Excess
How does the SEH Computerized Insurance Systems handle IBC and OMIA statistics?
Again, automatically. Once the data is entered into the system, the computer handles all the functions. The user merely runs a report and transfers the information to IBC/OMIA either electronically or by diskette.
Can the SEH Computerized Insurance Systems assist me with my P&C1?
Yes, through the creation of 3 reports: Claims, Investments, and Premiums. These reports are used in conjunction with a Trial Balance and Financial Statement. This creates the Quarterly Report and a large portion of the Annual Report. The balance of the Annual Report is drawn from various other reports contained within the system.
There's a lot of talk about changes. What about changes in legislation? General updates? How are
changes handled?
The Developers at SEH Computer Systems Inc. are constantly modifying, and
enhancing the system to incorporate any and all relevant changes being made
either through legislation, or company identified changes. This allows Titan to
be current, and efficient. Major upgrades are installed quarterly, with others
as needed.
What about system documentation and support?
Support is available to all subscribing
customers through our office. We try to provide an answer to questions, and
concerns within 24 hours of the problem being assigned by our service desk. Help
documentation is currently underway and this will provide troubleshooting tips
and program instructions to our software users.